@Landon Sheveland, I don't see how that would help you and it could hurt you. 1.

If you move to NYC, focus on maximizing your earning potential while investing in affordable out-of-state markets with strong rental demand, like San Antonio or Indianapolis.

Stay consistent with follow-ups, sharing updates on new opportunities.Pro Tip: Host a webinar or in-person event to connect with potential lenders and answer their questions.Why It Works:Credibility and transparency make lenders more comfortable investing in your deals.What Do You Think?

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

However, in some cities, getting work permits is difficult and slow so it can really hurt the investors' timeline through no fault of their own.

If I put myself in the shoes of the outside partner/investor friend, I would be very concerned because: 1) unclear and/or potentially conflicting business plan, 2) even with clarity in the BRRRR business plan, unclear in the viability of pulling it off with these market conditions, 3) the chances of dispute seems very high, especially if you're going to live in. 4 years ago, I went through a  similar thought process when purchasing an investing property with mainly my family money, while considering an outside investor to rehab for higher STR ROI... 

Looking at refurbished houses in the area, potential value of the house could be $130-140k range.

Blue Ridge is a strong market with plenty of potential.

If you want to look at total expenses over the years, you need to look at total income received as well with your potential sale price. 

On top of that, the rent-to-price ratios in Detroit often outperform other markets, which can mean solid cash flow alongside appreciation potential as the city continues to grow.The key with Detroit is understanding the nuances of the market—it has a large footprint, and neighborhoods can vary drastically, even block by block.